Find Reverse Mortgage Specialists Near You in Marysville, WA
Compare reverse mortgage specialists in Marysville. Review contact information and insurance categorys before you decide.
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the
State Mortgage Licensing Authority of Washington before hiring.
Showing 9 reverse mortgage specialists in Marysville, WA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
What Does a Reverse Mortgage Specialist in Marysville Cost?
In Washington, typical costs for a reverse mortgage include an origination fee of up to $6,000, a mortgage insurance premium of 2% of the homes value, and third-party fees such as appraisal ($400-$800) and title insurance ($1,000-$2,000). Total closing costs often range from $5,000 to $12,000. These costs can be financed into the loan so you pay nothing out of pocket. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What are the eligibility requirements for a reverse mortgage in Marysville Washington?
You must be at least 62 years old, own your home outright or have a low mortgage balance, and live in the home as your primary residence. The property must be a single-family home, a 2-4 unit property, or a HUD-approved condominium. Washington state law requires mandatory counseling from a HUD-approved agency.
How much can I borrow with a reverse mortgage in Marysville?
The amount depends on your age, the value of your home, and current interest rates. In 2024, the maximum claim amount for an FHA HECM is $1,089,300. Younger borrowers typically receive a smaller percentage of their homes value. A specialist can provide a personalized estimate.